Palmwoods Duplex - $100k Instant Equity + 6% Yield!
You read right! This brilliantly designed Palmwoods duplex is set to make you money in all kinds of ways. On completion this duplex has been valued at around $430,000 per side which is an instant equity uplift of $100,000! And if that’s not enough it also provides a 6% rental return! Where else can you make that kind of money without having to lift a finger?? The options with this duplex are endless, keep both as an investment and tap the equity, live in one rent out the other, sell one side, sell both sides… which ever option you choose there is one thing for sure – you will make money!
Size has really been considered when designing this massive duplex. Each side is over 175m2 with over 60m2 of covered patio areas set on a huge 900m2 block boasting incredible views over the Monteville ranges.
Set in the heart of an arts and craft hub which typifies the Sunshine Coast’s hinterland, the small rural town of Palmwoods is at the crossroads of the region’s tourist network. Set in a mosaic of orange groves, banana plantations, avocado, custard apples and pawpaw orchards, Palmwoods is only 15 minutes drive to many key Sunshine Coast destinations. Maroochydore CBD, Sunshine Coast Airport, the new Public & Private University Hospitals and world class Mooloolaba beaches. It’s within comfortable driving distance of the charming Blackall Range villages of Maleny, Montville and Mapleton as well as walking distance to the local primary school, town shops and village.
The Sunshine Coast coast is booming with new developments well underway and many more planned for the future – lots of people crying out for hinterland properties to rent. This location is the perfect combination of the sought after tree / sea change.
We had 3 blocks all with duplex plans to sell at the end of last week, 2 are gone and this one has stirred a lot of interest – if you are considering it – don’t waste any time!